Tuesday, February 24, 2009

Thailand's SCG post 21% decline in Q4 sales, dismal show by Chemicals business

Siam Cement Group (SCG), one of Thailand's largest conglomerates, posted a 21% YOY decline in Q4 total sales to 55.1 bln THB (approx. US$1.5 bln) and a net loss of 3.5 bln THB (US$97.6 mln) due to stoock losses of approximately 5 bln THB (US$140.

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